Arabian Gulf Business Insight on MSN

Damac secures capacity worth $12bn for US AI data centres

Damac Properties has secured land and power capacity in the US equivalent to $12 billion of a planned $20 billion outlay in AI data centre infrastructure. Hussain Sajwani, the UAE-based conglomerate’s ...
It ranked first among Dubai’s private developers, boosted by $3bn sales in just five hours of its most recent launch – DAMAC ...
Damac Properties scored a key approval for its luxury condo project in Surfside, though it has to try to move a controversial garbage loading dock away from the planned collapse memorial. The Surfside ...
In 2025, DAMAC Properties expanded locally and internationally, with pioneering global partnerships, collaborations and ...
The developer that acquired the Surfside collapse site hired Douglas Elliman to sell the luxury condominium planned for the oceanfront property, The Real Deal has learned. Dubai-based Damac Properties ...
Dubai-based Damac Properties has launched sales at The Delmore, its luxury condo development set to rise on the site where the Champlain Towers South collapsed, killing 98 people. The developer's ...
President-elect Donald Trump on Tuesday announced a $20 billion investment for data centers in the United States by an Emirati company led by billionaire Hussain Sajwani, a close business partner of ...
Damac to deliver six projects worth Dh4 billion to customers in 2010 Dubai Dubai-based property developer Damac Properties said it will deliver more than six projects to customers this year, ...
DUBAI, April 13 (Reuters) - Property developer DAMAC Real Estate Ltd (DAMAC) has mandated banks to arrange investor meetings ahead of a potential three-year U.S. dollar-denominated Islamic bond, or ...